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Rolling blackouts hurt SA economy

South Africa is bracing for more power cuts this week following announcement to expect varying degrees of load shedding this week, starting with Stage 6 this afternoon. The power cuts are starting to put SA’s growth forecasts for this year into questions, with prospects of a technical recession now on the cards. CNBC Africa spoke with Sven Forssman, Head of Sales, Kela Securities for more.
Mon, 04 Jul 2022 10:53:20 GMT